Real Estate Transactions

MahaRERA directs builders to reveal mortgage status of housing projects

Economic Times  

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed all the real estate developers in the state to declare the security interests created by them on the projects registered with the authority. The move is aimed at improving transparency and alerting prospective homebuyers about any mortgage or loans taken by the developer against the apartments they are about to buy - or the project itself.

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